stock market prediction today, Stock Market Prediction: To earn profit today you can bet on these stocks including Lloyds Steels, signs of boom are visible
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There is a boom in these stocks
Momentum indicator moving average convergence divergence (MACD) is showing a bullish trend on Lloyds Steels, Ircon International, Federal Bank and Infosys. MACD is known to signal trend reversals in traded securities or indices. When the MACD crosses the signal line, it indicates a bullish trend. This indicates that an upward movement can be seen in the share price. Similarly, it also indicates recession.
Signs of recession in these stocks
The MACD signals bearish on Power Finance, KPIT Technologies, Usha Martin and TD Power Systems. This means that now these stocks have started to decline.
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Buying visible in these stocks
The stocks which are seeing strong buying include PNB Housing, Mahindra CIE, Archean Chemical Industries, Jindal Steel, CG Power and Industrial Solutions. These stocks have crossed their 52 week high. This indicates an uptrend in the stock.
There is selling pressure in these stocks
The stocks which are seeing selling pressure include Bata India, Aarti Industries, Gland Pharma, Laurus Labs and Delhivery. There is a lot of selling in these stocks. These stocks have registered a 52-week low. This is a bearish signal for these stocks.
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